The Budget should be an instrument of economic discipline and a promoter of healthy social development. As it is, it is like a leaky tap; it cannot halt inflation without disciplining political skulduggery. March 21, 2011:   A lot has been written about the Budget, how it affects this or that industry or business, or how it will increase or decrease the GNP growth rate. Undoubtedly, all those factors are important. But...

This book discusses a new poverty agenda for Asia and the role of social policies in economic transformation and reducing poverty. The poverty-reduction agenda is well known. So is the debate over poverty. No one disputes the fact that poverty of income (or expenditure, as countries such as India do not collect household data on income) is an imperfect measure of poverty, as there are non-income dimensions, too. Consequently, we...

India's impressive economic growth has not led to a reduction in under-nutrition among its children, according to a Harvard study that said the government should use its growing revenues for direct Investments in aid like food stamps to address the problem. The Harvard School of Public Health study analysed malnutrition across various regions in India. It said under-nutrition was worst in poor and populous states like Bihar, Madhya Pradesh and Uttar...

Plans to set up 150 farmer-producer organisations in 11 states. The government is planning to provide market linkages for farmers growing pulses as part of a programme announced in the Budget to improve their production, as scarcity of this essential item was one of the major contributors to food inflation a few years back. “The share of pulses growers in the consumer price is very low on account of a lack of...

Asit Tripathy, Chairman of Agricultural and Processed Food Products Export Development Authority (APEDA) has pointed out that Indian states need to promote contract farming to ensure that farmers get remunerative prices and assured market for their produce apart from getting freed from the clutches of middlemen. India's national agricultural policy also envisages private participation through contract farming and land leasing arrangements to allow accelerated technology transfer, capital inflow and assured market...